Polar Capital Holdings PLC
25 April 2008
25 April 2008
Polar Capital Holdings plc
AUM Update
Polar Capital Holdings plc ('Polar Capital' or the 'Group'), the specialist
asset management group, today provides its regular quarterly up date of its
un-audited statement of its Assets under Management ('AUM').
Group AUM as at 31 March 2008 are down 7.7% since 31 March 2007 to US$3.1
billion and have fallen 13.1% since 31 December 2007 (US$3.6 billion).
The tables below set out the Group's AUM as at 31 March 2008 and the movements
experienced in the periods since 31 March 2007 and 31 December 2007.
AUM movement Long Hedge Managed & Advisory Total
12 months to 31 March 2008 $m $m $m $m
As at 31 March 2007 1,563 1,553 291 3,407
Transferred (95) 95 - -
Performance and currency movements (214) 89 (16) (141)
Net subscriptions / redemptions / fund closures (328) 269 (63) (122)
Total AUM at 31 March 2008 $926m $2,006m $212m $3,144m
AUM movement Long Hedge Managed & Advisory Total
3 months to 31 March 2008 $m $m $m $m
As at 31 December 2007 1,238 2,116 265 3,619
Performance and currency movements (194) (27) (24) (245)
Net subscriptions / redemptions / fund closures (118) (83) (29) (230)
Total AUM at 31 March 2008 $926m $2,006m $212m $3,144m
For further information please contact:
+44 (0)20 7227 2700
Polar Capital
Mark Kary
John Mansell
Landsbanki
Simon Bridges +44 (0)20 7426 9569
Claes Spang +44 (0)20 7426 7706
Financial Dynamics
Ed Gascoigne-Pees +44 (0)20 7269 7132
Felicity Murdoch +44 (0)20 7269 7243
This information is provided by RNS
The company news service from the London Stock Exchange GGIS